Nelson Meers' $16 million Point Piper purchase

Nelson Meers' $16 million Point Piper purchase
Staff reporterMay 31, 2017

The former City of Sydney lord mayor Nelson Meers and his wife Carole are set to emerge as Point Piper buyers.

It is set to be be registered at $16 million, a tad higher than Domain's estimate of $15 million plus.

The purchase followed their Bayview home sale six months ago for $4.55 million.

Set on Buckhurst Avenue, the harbour front apartment was an investment for John Roth and his wife Jillian Segal, who bought it new in 2011 for $11.6 million.

The deal was done by LJ Hooker agent Bill Malouf.

Editor's Picks

Construction steaming ahead at iconic Sydney House mixed-use landmark
"A new benchmark for buyer protection" INCA takes out Resilience LDI at Ellis Residences, St Ives
Deicorp breaks ground on $1 billion Showground Pavilions in Castle Hill
Where to buy a new apartment on the Sunshine Coast in 2025
First look: Rose Bay's downsizer push continues